The Social Security system:

A. continues to burden businesses due to the fact that businesses must provide

and pay for this benefit for their employees.

B. will continue to serve the needs of U. S. citizens into the distant future, due to the fact that there are so few retirees placing a strain on it.

C. is failing because the U. S. government failed to invest the money that employees contributed.

D. met the needs of our nation when it was conceived, but needs an overhaul.

Question

Business

Adam Morris

23 August, 12:52

The Social Security system:

A. continues to burden businesses due to the fact that businesses must provide

and pay for this benefit for their employees.

B. will continue to serve the needs of U. S. citizens into the distant future, due to the fact that there are so few retirees placing a strain on it.

C. is failing because the U. S. government failed to invest the money that employees contributed.

D. met the needs of our nation when it was conceived, but needs an overhaul.

+3

Answers (1)

Know the Answer?

Christina Roy · Answer 1

The correct answer is letter "B": will continue to serve the needs of U. S. citizens into the distant future, due to the fact that there are so few retirees placing a strain on it.

Explanation:

Social Security is the U. S. system by which employees contribute through deductions in their payrolls. The money is sent to a fund - the Old-Age and Survivors Insurance (OASI) Trust Fund - and can be used as a pension when the employee retires. Part of those funds also go to support people in need and that situation will continue since retirees tend not to claim on the matter.